Live-Work Property with Side
9326 Vienna Road Montrose, MI 48457
For Sale
$219,900
COMMERCIAL - Montrose, MI
Property Size1,550 SF
Lot Size1.00 Acre
Price / SF$141.87
Days on Market357
Property Features for 9326 Vienna Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Exterior features
- Wheelchair Access
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 13-15-551-016
- Size
- 1,550 SF
- Lot size
- 1.00 Acre
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4844
Utilities
- Heating system
- Electric (Heating), Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1975
- Roof type
- Asphalt
Listing Agency:
Century 21 Signature Realty
(810) 659-3161
Listed By:
Diane Bruner · License #124456
(810) 691-9194
Added: Aug 1, 2025
Changed: Jul 21
Last Checked: Jul 23 at 2:06PM
MLS# 50183838
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This updated live-work property features a bright, open-concept interior with three bedrooms and one full plus two half baths. A side-entry office includes a private area and an additional half bath, providing a dedicated workspace within the home.
Set on a beautifully treed one-acre lot with 223 feet of frontage, the property offers extensive parking and is centrally located minutes from expressways.
The site’s residential and light commercial zoning supports a range of uses, while the layout accommodates both everyday living space and an on-site office component.
Set on a beautifully treed one-acre lot with 223 feet of frontage, the property offers extensive parking and is centrally located minutes from expressways.
The site’s residential and light commercial zoning supports a range of uses, while the layout accommodates both everyday living space and an on-site office component.
Key Highlights
- 1975‑built 3‑bedroom home with 1 full and 2 half baths and a reported 1,550 SF of living space
- Residential and light commercial zoning allows a variety of uses
- 1‑acre treed lot with 223 ft of frontage and an extensive parking area
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.4k | $17.04 |
| − Vacancy | −$3.6k | −$2.35 |
| EGI | $22.8k | $14.69 |
| − OpEx | −$5.7k | −$3.67 |
| NOI | $17.1k | $11.02 |
1,550 SF · lease $17.04/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$243.9K
$213.4K – $284.6K
NOI $17,075 @ 7.0% cap · market cap 7.76%
Second Best
Mixed Use
$211.7K
$185.3K – $247.0K
NOI $14,822 @ 7.0% cap · market cap 6.74%
Theoretical Best
Office A
$326.2K
$285.4K – $380.5K
NOI $22,831 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Superior Monuments
Social Service Agency
FAQs
What type of property is this?
Single family property - Updated home with a side-entry office area and residential/light commercial zoning for flexible use options.
Where is this single family property located?
The property is located at 9326 Vienna Road Montrose, MI.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: 1975‑built 3‑bedroom home with 1 full and 2 half baths and a reported 1,550 SF of living space; Residential and light commercial zoning allows a variety of uses; 1‑acre treed lot with 223 ft of frontage and an extensive parking area
